BOJ chief opens door to deeper negative rates

Japan's central bank keeps policy unchanged despite U.S. rate cuts

20191030 bank of japan

The Bank of Japan on Thursday decided to keep unchanged its ultra easy monetary policy.

MITSURU OBE, Nikkei staff writer

TOKYO -- Bank of Japan Gov. Haruhiko Kuroda on Thursday reiterated his willingness to push short-term interest rates further into negative territory, despite concerns that such a policy would hurt the banking industry and undermine economic growth.

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